Scania notes record registrations in Europe in 1999
Scania set a new sales record in its main market of Western Europe, with registrations of just over 35,000 (31,500) heavy Scania trucks in 1999. Scania enhanced its position on most European truck markets, with the emphasis on the large and important markets of Germany, France and Italy. The total number of heavy truck registrations in Western Europe increased by about 14 per cent to just over 235,000 vehicles in 1999.
"Several important factors contributed to the strong 1999 showing. Not least, the strong economic growth of several European countries, low interest rates and low inflation allied to a considerable pent-up need to replace trucks from the previous peak period of the early 1990s," explained Leif Östling, President and CEO of Scania, at the international RAI truck show in Amsterdam.
Scania's work on development and enhancement of its product and service range continued during 1999. Distributors in Italy, Finland and Norway became wholly-owned Scania subsidiaries. These were just some of the strategic acquisitions that were implemented in recent years with the aim of implementing Scania's broader and stronger product concept on the various markets.
Interest in a broader product concept – that is to say vehicles, service solutions and customer financing - is increasing steadily, particularly in Europe. There is also every indication that this concept will soon make a breakthrough in Latin America and Asia.
At the RAI truck show, Scania presented several exciting IT innovations, among them a computer interface that communicates on-board vehicle data with various peripheral systems. With Scania's open architecture, the customer can, for instance, choose the fleet management system that best suits his particular needs. Scania also presented a number of visions of the future, including a model of a concept truck for the year 2010.
Scania's Euro 3 engines, which have recorded immense successes and are now fitted to 70 per cent of all trucks Scania sells in Germany, took the place of honour at the stand, along with several up-to-the-minute safety displays.
"Offering the best total solutions on the market is the key to realising Scania's growth target," said Leif Östling.
Scania's financial statement for 1999 will be published on Thursday 3 February, and it will be made available on the Scania homepage at www.scania.com
For further information, please contact Ulf Söderström, Corporate Communications, on telephone number +46 8 55381044